Health Rosetta, a Public Benefit Corporation

The JP Morgan ERISA class action lawsuit represents a seismic shift in health plan fiduciary responsibility. For the first time, board membership on the Compensation Committee has been deemed sufficient to trigger personal liability. Even more surprising? The complaint uses JP Morgan's participation in healthcare improvement organizations as evidence they "knew better" yet failed to act - citing specific cost-saving strategies the company allegedly ignored. Our flash webinar with former Deputy AG Chris Deacon, ERISA litigation specialist Julie Selesnick, and Dave Chase, Health Rosetta-discovering archaeologist will: ? Break down the legal theories being advanced ? Explain how the 2021 Consolidated Appropriations Act raised the bar for compliance ? Demonstrate how Nautilus Health Institute's PBM Field Guide and model contracts address the exact issues in the lawsuit ? Show how prudent fiduciaries are delivering better benefits at 20-50% lower costs Register now for this critical briefing: https://lnkd.in/gyzbxxkp #ERISA #FiduciaryDuty #EmployeeBenefits #HealthcareCosts

The healthcare system won’t fix itself. The good news? It’s being shaped by clinical leaders who refuse to settle for a broken system. Physicians, medical directors, and direct care leaders are already proving that better models exist, but scaling real change takes a collective effort. RosettaFest 2025 is where the right people come together to move solutions forward. This is your opportunity to: - Take back control of patient care and financial independence. - Connect with like-minded clinicians who are leading the direct care movement. - Learn from real-world success stories of physicians partnering with employers to eliminate wasteful intermediaries. - Gain actionable strategies to scale direct care, value-based contracting, and innovative payment models. If you’re ready to shape the future of healthcare, one that prioritizes patient outcomes, clinician autonomy, and financial sustainability, RosettaFest is where you need to be. Be part of the transformation and grab your ticket today! #RosettaFest2025 #Healthcare #HealthcareTransformation

Flash Webinar this Friday ?? The JP Morgan ERISA lawsuit marks a pivotal shift in healthcare governance - for the first time, board members face personal liability for health plan decisions. Join former NJ Deputy Attorney General Chris Deacon and Julie Selesnick, Senior Counsel at Berger Montague specializing in ERISA litigation, alongside Dave Chase, Health Rosetta-discovering archaeologist for an urgent analysis of this groundbreaking case. We'll explore how participation in #healthcare improvement organizations is being used as evidence against employers, why the Consolidated Appropriations Act has fundamentally changed the landscape, and what prudent fiduciaries must do now. Essential for: #BenefitsAdvisors, #HRleaders, C-suite #executives, and board members responsible for health plans. Register for this timely discussion on protecting your organization and employees in this new era of heightened fiduciary scrutiny: https://lnkd.in/gyzbxxkp

Building a great health plan is all about leadership. It takes employers, advisors, healthcare providers, and benefits partners working together to break free from the broken system and build something better. The best plans do more than just cut costs. They improve health, attract talent, and set a new standard for what’s possible. That kind of effort deserves to be recognized. And what better place to celebrate than Coors Field at RosettaFest 2025? The Rosie Awards honor the companies and leaders who have built top-tier health plans by challenging the status quo and proving there’s a better way. If you, or your client, has done the hard work of designing a plan that puts people first, it’s time to take the field. Don't forget to nominate your plan for a Rosie Award before the March 31 deadline! #RosieAward #RosettaFest #HealthcareInnovation

The healthcare monopoly is crumbling. Are you ready to take back control? For decades, middlemen have driven up costs, buried employers in complexity, and put barriers between physicians and their patients. But the direct care movement is proving that a better, more sustainable system already exists. Join Dave Chase, Co-founder of Health Rosetta, and Dr. Keith Smith, MD, Medical Director of Surgery Center of Oklahoma, Jay Kempton, CEO of Kempton Group Administrators & FMMA for an interactive pre-conference webinar where they’ll break down... - How physicians and employers can eliminate wasteful intermediaries and take control of healthcare financing. - Real-world examples of clinicians successfully partnering with businesses to deliver better care at lower costs. - Actionable strategies to leverage a Benefits Fellowship to scale direct care solutions in your community. If you’re ready to move beyond the legacy system’s rigged game, this is the conversation you need to be part of. It's all happening March 27th at 4:00 PM Central live on LinkedIn or Zoom. ??Registration link in Comments. #DirectCare #HealthcareReform #HealthRosetta #FMMA

From "Largest Undisclosed Risk" to Major Class Action: This risk hasn't been "undisclosed" for years which is particularly critical for NACD (National Association of Corporate Directors) members since boards have personal legal liability when there are breaches of fiduciary duty. When I warned about ERISA fiduciary risk in my book nearly a decade ago, a Big 4 risk management leader called it "the largest undisclosed risk I've seen in my career." Today, that risk is manifesting in class actions targeting major employers. What's striking is that the Association of Corporate Counsel had already sounded the alarm. The attached article reaching 1.5M corporate legal professionals in The Docket became their #1 trending piece for over a month, making clear the fiduciary obligations under the CAA 2021 -- legislation that many experts believe is the most significant shift in employer-based health plans since 1943. The complaint against JPM is particularly ironic, as they host the annual JPM Healthcare Conference where middlemen openly present their strategies to extract maximum value from employer health plans. For over 7 years, Health Rosetta, a Public Benefit Corporation Advisors have provided counsel to 1000s of employers/unions ensuring they meet fiduciary obligations through tools like the Compliance Assessment and Plan Grader??. Further, #HealthRosetta gave away its IP to the Nautilus Health Institute which houses the open source resources for procurement, contracting and data use and data infrastructure tech to ensure it's available to every employer whether they have 10 or 100k employees. This is a key driver of why employer attendance at RosettaFest has grown 75x since 2022. These employers are proving something remarkable: ERISA compliance is the only regulatory requirement I know where greater compliance simultaneously: ⒈ Improves employee health outcomes ⒉ Benefits the employer's & employees bottom line ⒊ Creates "HeRo Dividends" that have funded: ?College education ?Dependent coverage ?Home solar installations ?Unprecedented bonuses/raises ?Healthy food subsidies ?Daycare benefits Forward-thinking organizations embracing their fiduciary responsibilities build healthier, more financially secure workforces & businesses while creating transformative opportunities for their people. The path forward is clear, well-documented, and proven. Smart employers are moving quickly to seize this opportunity to transform their approach to employee health benefits, knowing that better compliance means better outcomes for everyone. If it takes a few class action cases to wake the sleeping (employer) giant, that's a small price to pay for how high-performance #healthplans are restoring the American Dream that healthcare has crushed over the last 3+ decades. Do you think it's a net positive that a few jumbo employers are targeted by class action attorneys? #EmployeeBenefits #HealthcareReform #ERISA #CorporateGovernance

This year, we’re bringing big ideas to an even bigger stage. The Colorado Convention Center in the heart of downtown Denver! With is spacious & state-of-the-art setting, prime downtown location, and adorable Blue Bear, it's the ideal spot. Join us August 24-27, in one of the most dynamic venues in the country as we shape the future of healthcare together. Get your ticket today! #RosettaFest2025 #ColoradoConventionCenter #DenverCO #FutureOfHealthcare

Two inspirational healthcare heroes! ?? The Health Rosetta, a Public Benefit Corporation team is looking forward to our time with Dr Keith Smith and Dr. Maryal Concepcion, MD FAAFP in OKC next month.

If you knew there was a better way to do healthcare, would you take the first step? RosettaFest 2025 is where employers, HR leaders, and benefits professionals learn how to break free from the norm, and implement real solutions that lower costs and improve employee health. This event has helped organizations save hundreds of thousands while transforming the way they deliver benefits. The best part? You'll learn about proven strategies from leaders who are already doing it. If you’re ready to move beyond the status quo and take control of healthcare decisions, this is where the path forward begins. Take the first step toward real change, join us at RosettaFest 2025. #BreakFree #RosettaFest2025 #HealthcareChange

Where is your place in the future of healthcare? If you’re a physician, DPC provider, clinical practice leader, or healthcare innovator, RosettaFest 2025 is the place to meet fellow healthcare change makers. It’s where the real transformation is happening. Why attend? - Learn from clinical leaders who have built thriving direct care models that improve patient outcomes while lowering costs. - Connect with like-minded professionals committed to breaking free from the traditional system and creating independent, value-driven healthcare solutions. - Discover proven strategies for direct contracting, value-based care, and scaling independent healthcare delivery models. This new healthcare economy is already larger than the U.S. video game and textile industries, and it’s growing fast. If you want to be part of it, this is where you need to be. Join us this August in Denver, Colorado! #RosettaFest2025 #HealthcareTransformation #HealthcareChange